Man VS Machine Challenge

By Harry Huo

Kevin Tok, our co-founder and executive director, posed this challenge to us: Can AI beat human fund managers and analysts in stock selection? The proxy for this would be Aggregate’s own Aggregate Value Fund (AVF), Kong coined this contest “Machine versus Human”. I share both the founders’ innate curiosity and the result is this new column for The Edge Singapore.

For the next 12 months, the proprietary AI of Kong’s team will pick 15 stocks. We will publish the purchase price of each stock and the portfolio valuation. The AI portfolio will be rebalanced once a month. It is a real and “live” portfolio starting with an investment of US$500,000 ($710,510).

We will publish an updated table showing the relative performance of these portfolios and benchmarks, and we will continue to do so monthly for a year. In October 2023, we will declare the winning portfolio based on the highest portfolio return. For simplicity, all our portfolios’ returns and benchmarks will be in US dollar for easy comparison.

Join us in this AI discovery journey and may the best portfolio — man vs machine; concentrated vs diversified, win.

OCTOBER 26, 2022

NOVEMBER 11, 2022

DECEMBER 12, 2022


JANUARY 12, 2023

FEBRUARY 09, 2023

MARCH 09, 2023


APRIL 17, 2023

MAY 11, 2023

JUNE 08, 2023

JULY 06, 2023

AUGUST 10, 2023

SEPTEMBER 07, 2023

NOVEMBER 16, 2023

Aggregate Asset Management
1 Kim Seng Promenade
#13-05 Great World City East Tower
Singapore 237994
Tel: +65 6100-2267

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